Monday, Bitcoin, Ethereum morning view analysis

Bitcoin's intraday market continued the upward trend in the morning. If the price went down after a slight adjustment, the intraday high touched 63400 and was under pressure to pull back. The situation entered the callback stage. The overall market sentiment was sluggish, and the oscillation range was still shrinking. It is expected that this range oscillation pattern will continue for some time.

From the short-term hourly chart, the Bollinger Bands are still opening upward. In the 4-hour cycle, the MACD fast and slow lines are close to the zero axis, and the MACD histogram turns from positive to negative. In the short term, the long and short forces are balanced. From the daily chart, the currency price is also testing the Bollinger middle axis back and forth, and there may be a direction choice.

Although the price is blocked in the short term, the market remains in the upper and middle track area of ​​4 hours, and the support is slowly moving up. If the price can stabilize above 62700 in the future, it is expected that the market will continue the upward trend in the day. If the currency price falls below the 4-hour Bollinger middle axis, there is a probability of continued pullback. Intraday operations are mainly rebound shorts, and pullbacks are mostly supplementary.

Monday morning suggestion

Short Bitcoin near 63500-63200, and enter the market with Ethereum at the same time as the target near 62000.

If you go out with a goal every day, you must come back with the result. Think first, do second, and succeed third. Wait first, watch second, and fail third. Think about the problem, do the answer. Lose in hesitation, win in action.

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